When was Vespa founded?

Vespa was founded in 2017 and raised its 1st funding round 6 years after it was founded.

Where is Vespa located?

Vespa is headquartered in Trondheim, Norway.

How many employees does Vespa have?

As of Mar 31, 2026, the latest employee count at Vespa is 69.

Is Vespa a funded company?

Vespa is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Nov 02, 2023.

When was the latest funding round of Vespa?

Vespa's latest funding was a $***** Series A round on Nov 02, 2023, with participation from 1 investor.

Where does Vespa rank among its competitors?

Vespa ranks 7th amongst 46 active competitors, of which 12 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Qdrant, which secured $50M in Mar, 2026.

Who are the top competitors of Vespa?

Vespa's top competitors include DataStax, Pinecone Systems and Weaviate. Among them, Qdrant secured the most recent funding round in March, 2026.

Vespa - 2026 Company Profile, Team, Funding & Competitors

Company Details

AI powered vector database platform. It supports vector search, lexical search, and search in unstructured datasets. It provides a converstaion AI to store, and search vector and text data in real time. It provides an artificial intelligence technology based text search engine that supports text search and approximate search to assist users in planned decision making.

Website: vespa.ai
Social
Email ID: *****@vespa.ai

Key Metrics

Founded Year

2017

Location

Trondheim, Norway

Stage

Series A

Total Funding

$31M in 1 round

Latest Funding Round

Series A, Nov 02, 2023, $*****

Investors

Blossom Capital

Ranked

7^th among 46 active competitors

Employee Count

69 as on Mar 31, 2026

Similar Companies

DataStax & 45 more

View Vespa's full profile

Vespa is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
VESPA.AI AS CIN: 931605569 , Norway, Active	Jan 04, 2023	-	-

Vespa has raised a total funding of $31M over 1 round. Its latest funding round was a Series A round on Nov 02, 2023 for $*****. 1 investor participated in its latest round. Vespa has 1 institutional investor.

Here is the list of recent funding rounds of Vespa:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 02, 2023	2002560	Series A	5244124	6736871	9766185	2323701

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View details of Vespa's funding rounds and investors

The founders of Vespa are Kim Omar Johansen, Frode Lundgren and Kim Omar Johansen. Jon Bratseth is the CEO of Vespa.

Here are the details of Vespa's key team members:

Kim Omar Johansen: Co-Founder & COO of Vespa.
Frode Lundgren: Chief Technology Officer / Founder of Vespa.
Kim Omar Johansen: Co-Founder & COO of Vespa.
Jon Bratseth: CEO of Vespa.

View details of Vespa's Founder profiles and Board Members

Vespa's employee count trend

Vespa has 69 employees as of Mar 26. Here is Vespa's employee count trend over the years:

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Top competitors of Vespa include DataStax, Pinecone Systems and Weaviate. Here is the list of Top 10 competitors of Vespa, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	DataStax 2010, Santa Clara (United States), Acquired	Provider of data management and AI application development infrastructure solutions	$305M	Goldman Sachs Investment Partners, Kleiner Perkins ... & 29 others	71/100
2nd	Pinecone Systems 2016, San Mateo (United States), Series B	Developer of a vector database for AI application production at scale	$138M	Menlo Ventures, Andreessen Horowitz & 4 others	68/100
3rd	Weaviate 2019, Amsterdam (Netherlands), Series B	Developer of a vector database for AI-powered search and applications	$50M	Index Ventures, New Enterprise Associates ... & 4 others	61/100
4th	Qdrant 2020, Berlin (Germany), Series B	Developer of vector search engine for AI retrieval and similarity matching	$87.8M	Spark Capital, IBB Ventures & 15 others	58/100
5th	Sqream 2010, New York City (United States), Series C	Developer of a GPU-native data acceleration platform for AI factories	$118M	Alibaba Group, Mangrove Capital Partners ... & 13 others	52/100
6th	Dnotitia 2023, Seoul (South Korea), Seed	Developer of vector database and edge AI device for LLMs	$15.1M	Timeworks Investment, Telechips & 7 others	51/100
7th	Vespa 2017, Trondheim (Norway), Series A	AI powered vector database platform	$31M	Blossom Capital	49/100
8th	LanceDB 2022, San Francisco (United States), Series A	Developer of a unified data platform designed for multimodal data	$41M	CRV, Theory Ventures & 8 others	46/100
9th	Chroma 2022, San Francisco (United States), Seed	Developer of a platform providing vector, full-text, regex, and metadata search	$18M	Quiet Capital, Air Street Capital & 14 others	45/100
10th	SuperDuperDB 2023, Berlin (Germany), Seed	Open source based vector database for AI app development	$1.75M	session.vc, Intel Ignite & 2 others	40/100